DIRECTV Announces Termination of Agreement

[Bruce]

TPG is not in the TV business, they are in the "money" business.

I know how the money business works, I came from extreme poverty as a child to what I have now because of that understanding.

In the Directv case as well as the proposed Dish deal, they do the numbers, and may a business that is losing customers based on the $$$ that will flow through to them over the expected life of the business if their investment meets their rate of return investment standards.

Those people that should be fired bought the rest of Directv traditional tv business and will make money on the deal.

They must have a specific plan how they will make money on the deal, I just do not see it.

With the $2B they gave to Echostar, $7B to buy the remaining 70% of DirecTV from AT&T, plus the assumption of $10 Billion of debt DirecTV held, TPG is already $19B in on a service that loses 2 Million Subscribers a year.

DirecTV, with the estimated loss of the 3rd Quarter 2024, are now under 10 Million Subscribers, from a high of 24 Million in 2016, how does TPG Capital turn that around?

 

[MikeD-C05]

I know how the money business works, I came from extreme poverty as a child to what I have now because of that understanding.


They must have a specific plan how they will make money on the deal, I just do not see it.

With the $2B they gave to Echostar, $7B to buy the remaining 70% of DirecTV from AT&T, plus the assumption of $10 Billion of debt DirecTV held, TPG is already $19B in on a service that loses 2 Million Subscribers a year.

DirecTV, with the estimated loss of the 3rd Quarter 2024, are now under 10 Million Subscribers, from a high of 24 Million in 2016, how does TPG Capital turn that around?

Tax write offs!